19 October 2017
Find out more

Charles River integrates UBS Perimeter algo

28 July 2009  |  1512 views  |  0 Source: Charles River Development

Charles River Development, an award-winning provider of financial software and services to the global investment management community, today announced that the Charles River Investment Management System (Charles River IMS) is fully integrated with UBS Perimeter, a new US algorithm that allows clients to trade outside of regular market hours.

UBS Perimeter allows Charles River IMS clients to work orders in the market based on a variety of desired parameters and urgency levels.

"We've offered integrated algorithmic trading strategies for a number of years," said Tom Driscoll, Vice President, Sales and Marketing, Charles River Development. "Our partnership with UBS expands our offering, allowing clients to take advantage of the unique suite of UBS algorithms directly from the Charles River Trader blotter."

"Our clients have asked us for innovative ways to intelligently participate in the pre-open, the open, and the close, so we created a unique strategy to help them do that in a way that meets a variety of goals," said Owain Self, head of UBS Algorithmic Trading for the Americas and EMEA. "Charles River worked with us to quickly and efficiently deploy this new strategy in a very user-friendly way. It is a great demonstration of how our powerful partnership can deliver real benefit to clients."

UBS is one of over 40 algorithmic brokers with more than 500 algorithmic strategies integrated with Charles River IMS. Charles River clients can customize vendor-supplied algorithms in real time, as well as execute multiple strategies simultaneously. Charles River's meta-driven infrastructure allows clients to take advantage of customized sell-side algorithms, or access new liquidity destinations, without the need for additional software upgrades.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.fivedegrees.nlvisit www.vasco.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15732 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8905 views comments | 16 tweets | 22 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7989 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7101 views comments | 9 tweets | 17 linkedin
Santander InnoVentures leads $6m funding round for Mexico's ePesosSantander InnoVentures leads $6m funding r...
6243 views comments | 6 tweets | 3 linkedin

Featured job

Competitive base + commission + benefits
Denmark, Finland, Iceland, Norway or Sweden

Find your next job